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Top Ethereum Layer-2 networks adopt Avail DA to boost rollup efficiency and security
Several top Ethereum Layer-2 (L2) networks, such as Arbitrum, Optimism, Polygon, zkSync, and Starkware, are preparing to integrate Avail’s Data Availability (DA) solution, according to an April 25 statement shared with CryptoSlate. дальше »
2024-4-26 22:45 | |
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Are Inscriptions following the path of the Dodo?
Quick Take In the aftermath of the April 20 Bitcoin halving, the digital asset has experienced significant changes in its fee structure, transaction composition, and hash rate resilience. Data from Glassnode shows that miner revenue derived from fees reached an all-time high of approximately 75% on the halving day before settling at around 45%, indicating […] The post Are Inscriptions following the path of the Dodo? appeared first on CryptoSlate. дальше »
2024-4-25 18:55 | |
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Tether commits to freezing addresses linked to sanctions as scrutiny over USDT misuse grows
Stablecoin issuer Tether told CryptoSlate that the firm would freeze any addresses linked to sanctioned entities. This decision comes in response to reports indicating that some state actors were leveraging Tether’s USDT tokens to circumvent US sanctions. дальше »
2024-4-24 21:00 | |
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Crypto groups sue SEC, claiming overreach in new dealer rule definition
Two prominent bodies in the crypto sphere, the Blockchain Association and the Crypto Freedom Alliance of Texas, have taken legal action against the US Securities and Exchange Commission (SEC). In an April 23 court filing, the groups argued that the SEC overstepped its bounds by sanctioning a rule that redefines the parameters for what constitutes […] The post Crypto groups sue SEC, claiming overreach in new dealer rule definition appeared first on CryptoSlate. дальше »
2024-4-24 19:15 | |
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FTX creditors invited to bid on Solana tokens in new auction format
FTX creditors have been urged to participate in the defunct exchange’s bankruptcy estate’s planned auction of its remaining Solana token holdings. On April 20, Figure CEO Mike Cagney revealed that the next round of FTX’s locked Solana token sales would be via auction, compared to previous ones sold directly to venture capital firms like Galaxy […] The post FTX creditors invited to bid on Solana tokens in new auction format appeared first on CryptoSlate. дальше »
2024-4-23 18:00 | |
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IRS draft tax form for crypto defines unhosted wallets as brokers
The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate. дальше »
2024-4-20 03:57 | |
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Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks
Token infrastructure platform Hedgey Finance lost approximately $44. 5 million of digital assets within two hours across Ethereum’s layer-2 network Arbitrum and Binance Smart Chain. In an April 19 statement shared with CryptoSlate, blockchain security firm Cyvers explained that a malicious attacker exploited Hedgey’s “createLockedCampaign” function using flash-loaned funds to siphon off the funds. дальше »
2024-4-20 18:30 | |
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Tether coming to Telegram through TON blockchain amid $11 billion wider minting spree
Stablecoin issuer Tether confirmed to CryptoSlate its expansion of US dollar-backed USDT and gold-backed XAUT stablecoins onto The Open Network (TON) blockchain, according to an April 19 statement. дальше »
2024-4-19 16:23 | |
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IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability
Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to bypass traditional banking […] The post IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability appeared first on CryptoSlate. дальше »
2024-4-19 03:54 | |
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Meta announces Llama 3, launches dedicated AI web portal
Meta announced the launch of Llama 3, the latest version of its large language model (LLM), on April 18, describing it as a “major leap over Llama 2.” The company said it has initially released the first two models of the current version, featuring 8B and 70B parameters, with upcoming models slated to feature 400B […] The post Meta announces Llama 3, launches dedicated AI web portal appeared first on CryptoSlate. дальше »
2024-4-19 02:33 | |
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Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500
Quick Take Bitcoin (BTC) had an impressive first quarter in 2024, posting a 69% return and outperforming most traditional asset classes. Despite the launch of BTC ETFs, which many thought would lead to a stronger correlation with traditional finance assets, BTC displayed minimal correlation with major asset classes, using data from a recent Glassnode and […] The post Glassnode and Coinbase report: Bitcoin maintains unique market path with low correlation to S&P 500 appeared first on CryptoSlate. дальше »
2024-4-18 17:00 | |
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Nym Technologies joins Liquid Federation to boost Bitcoin layer-2 privacy and security
Web3 privacy-focused infrastructure provider Nym Technologies has joined Liquid Federation to support the growing Bitcoin layer-2 ecosystem, according to an April 18 statement shared with CryptoSlate. дальше »
2024-4-18 16:00 | |
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Bitcoin barely holds on to $60k as bears retest March lows
Bitcoin (BTC) took a downturn below $60,000 on April 17 as US markets began trading, marking a return to prices last seen in early March before the digital currency rallied to new heights. The flagship crypto touched a low of $59,658 before modestly recovering to around $60,800 as of press time, based on CryptoSlate data. дальше »
2024-4-17 20:55 | |
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Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years
Bloomberg analysts have revised previous inflow predictions for Hong Kong’s newly approved Bitcoin and Ethereum exchange-traded funds (ETFs) to $1 billion within the first two years. Bloomberg senior ETF analyst Eric Balchunas had previously estimated the funds to garner roughly $500 million in inflows over a similar period due to doubts over Chinese investor eligibility […] The post Hong Kong’s Bitcoin, Ethereum ETFs projected to hit $1 billion in assets within two years appeared first on CryptoSlate. дальше »
2024-4-17 19:30 | |
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Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report
A recent analysis by crypto exchange Bybit has sounded the alarm on a potential shortage of Bitcoin (BTC) on exchanges by the end of 2024 if demand remains at similar levels. The report predicts that reserves could be entirely depleted within the next nine months if current withdrawal rates persist — currently around 7000 BTC […] The post Exchanges expected to run out of Bitcoin 9 months after halving – Bybit report appeared first on CryptoSlate. дальше »
2024-4-17 21:51 | |
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Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts
Embattled crypto platform Binance. US told CryptoSlate it appointed Martin C. Grant, a former New York Federal Reserve Bank Compliance Chief, to its Board to improve compliance efforts and restore users’ trust in its services. дальше »
2024-4-17 21:15 | |
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Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFs
Quick Take Hong Kong ETFs Hong Kong has recently approved Bitcoin and Ethereum ETFs, following in the footsteps of the US, where BTC funds have been incredibly successful. However, senior Bloomberg ETF analyst Eric Balchunas believes that the Hong Kong ETFs may not see significant inflows and predicts the total amount could be less than […] The post Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFs appeared first on CryptoSlate. дальше »
2024-4-15 20:25 | |
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Dial H for Halving: Unpacking the technicalities of Bitcoin’s halving
Unlock the secrets of Bitcoin's upcoming halving with CryptoSlate Alpha’s exclusive deep dive. Scheduled for April 20, 2024, at block 840,000, this pivotal event is more than just a potential trigger for market volatility—it's a cornerstone of Bitcoin’s economic design. дальше »
2024-4-15 15:16 | |
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Lisbon Blockchain Conference to focus on education and connectivity in its fourth edition
Portugal-based Nova SBE Blockchain Club is hosting the fourth edition of the Lisbon Blockchain Conference on April 24 to discuss blockchain technology and its impact on business and the economy, according to a statement shared with CryptoSlate. дальше »
2024-4-14 00:30 | |
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Phaver disrupts web3 social scene with unique take on memecoins and creator collaboration
The social layer of web3 is rapidly evolving and emerging as a crucial frontier. In a recent episode of the SlateCast podcast, CryptoSlate’s Liam “Akiba” Wright and CEO Nate Whitehill sat down with Joonatan Lintala, the CEO of the web3 social app Phaver, to explore how this new paradigm is empowering creators and communities. дальше »
2024-4-12 17:46 | |
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Solana congestion issue caused by ‘too much demand’ – devs working on fix without ‘sleeping much’
Solana (SOL) core developers are working around the clock on a fix for the recent congestion issues on the network following an unprecedented surge in demand. Solana Labs head of communication Austin Federa said developers from across the ecosystem are involved in concerted efforts to improve the platform’s networking stack and resolve the issues that […] The post Solana congestion issue caused by ‘too much demand’ – devs working on fix without ‘sleeping much’ appeared first on CryptoSlate. дальше »
2024-4-11 01:46 | |
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Bitcoin maintains gains despite bloodbath across crypto, equities after Minneapolis Fed comments
Bitcoin (BTC) surged 5% on April 4, briefly topping $69,400, despite a wider market rout in US equities, showcasing its growing status as a safe haven asset. As of press time, the flagship crypto was trading between $67,500 — giving up more than half its gains after the dollar index recovered from its decline earlier […] The post Bitcoin maintains gains despite bloodbath across crypto, equities after Minneapolis Fed comments appeared first on CryptoSlate. дальше »
2024-4-5 23:23 | |
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Bitcoin Cash successfully completes halving, price leaps to its highest since 2021
Bitcoin Cash experienced a notable surge, soaring over 10% following the completion of the blockchain’s network halving. The digital asset, which has been on a consistent upward trajectory since the year began, has witnessed a remarkable 23% surge over the past week and an impressive 43% upswing in the last 30 days, according to data […] The post Bitcoin Cash successfully completes halving, price leaps to its highest since 2021 appeared first on CryptoSlate. дальше »
2024-4-4 13:14 | |
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Lithuania to establish strict licensing regime for crypto firms by 2025
Lithuania is set to impose strict licensing requirements on crypto firms by 2025, which will significantly reduce the number of companies able to operate in the country. Central bank board member Simonas Krepsta told Bloomberg on April 3 that the move aims to establish robust oversight for the industry as digital assets are increasingly integrated […] The post Lithuania to establish strict licensing regime for crypto firms by 2025 appeared first on CryptoSlate. дальше »
2024-4-4 00:00 | |
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Data shows US government often sells at the local lows in the market
Quick Take On Apr. 2, CryptoSlate reported that the US government sold 1,999 Bitcoin (BTC), valued at approximately $130 million, from a wallet associated with Silk Road to the digital assets exchange Coinbase. дальше »
2024-4-3 12:32 | |
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US government moves $130 million in Bitcoin confiscated from Silk Road to Coinbase
The US government transferred 2,223 Bitcoin (BTC), approximately worth $130 million, to a wallet linked to crypto exchange Coinbase on April 2 as part of a sale announced in January. The US previously filed to sell roughly $130 million worth of the seized BTC in January and the transfer amount lines up with the announced […] The post US government moves $130 million in Bitcoin confiscated from Silk Road to Coinbase appeared first on CryptoSlate. дальше »
2024-4-3 19:51 | |
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Bitcoin surpasses tipping point – Hyper-Bitcoinization and the future of financial sovereignty
On the latest episode of the SlateCast, CryptoSlate welcomed Samson Mow, CEO and founder of Jan3, a pioneer in nation-state Bitcoin adoption. Mow, the man behind Aqua Bitcoin and the architect of the innovative Bitcoin bonds, joined Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill to discuss his vision of hyper-Bitcoinization. дальше »
2024-4-3 19:30 | |
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CoinList’s spring 2024 batch shines a spotlight on next-gen crypto projects
CoinList, a leading Web3 launchpad platform, has selected ten promising crypto projects for its 2024 spring batch Seed projects, according to an April 2 statement shared with CryptoSlate. The projects were selected from over 350 applicants vying for inclusion in the Seed list with notable alumni like Injective Protocol, Biconomy, Mystiko, and Rabbithole. дальше »
2024-4-3 18:00 | |
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AI’s Brave New World: Whatever happened to security? Privacy?
The following is a guest post from John deVadoss, Governing Board of the Global Blockchain Business Council in Geneva and co-founder of the InterWork Alliance in Washington, DC. Last week, I had the opportunity in Washington, DC to present and discuss the implications of AI relating to Security with some members of Congress and their […] The post AI’s Brave New World: Whatever happened to security? Privacy? appeared first on CryptoSlate. дальше »
2024-3-31 03:48 | |
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Analysts eye MicroStrategy share price to Bitcoin holdings ratio closely as MSTR falls 11%
Quick Take MicroStrategy (MSTR), the business intelligence firm renowned for its substantial Bitcoin holdings, experienced a significant share price decline of over 11% on March 28. The company’s shares are currently trading at $1,704, starkly contrasting the recently anticipated $2,000 mark reported by CryptoSlate just days earlier. дальше »
2024-3-31 18:05 | |
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Bitwise CIO expects institutions to inject over $1 trillion into Bitcoin via ETFs
Bitwise CIO Matt Hougan said institutions will inject more than $1 trillion into Bitcoin via ETFs over the coming year as due diligence is completed and further exposure is approved. Hougan shared his perspective in the latest weekly investor note from the company, where he reflected on the challenges and opportunities facing investors in the […] The post Bitwise CIO expects institutions to inject over $1 trillion into Bitcoin via ETFs appeared first on CryptoSlate. дальше »
2024-3-29 01:45 | |
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DePIN protocol peaq gears up for mainnet launch as token offering ‘closing in by the day’
Leonard Dorlochter, the co-founder of peaq, revealed that the layer-1 blockchain focused on decentralized physical infrastructure networks (DePINs) and Machine RWAs is gearing up for its mainnet launch and token offering in an exclusive statement to CryptoSlate. дальше »
2024-3-28 14:25 | |
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Bitcoin ETFs could see significant growth in Hong Kong due to in-kind creation model – analysts
Analysts believe Bitcoin exchange-traded funds (ETFs) could see a significant upswing following their launch in Hong Kong due to the adoption of in-kind creation models. Bloomberg senior ETF analyst Eric Balchunas further pointed out that Hong Kong’s adoption of an in-kind creation model for spot Bitcoin ETFs could potentially boost the assets under management (AUM) […] The post Bitcoin ETFs could see significant growth in Hong Kong due to in-kind creation model – analysts appeared first on CryptoSlate. дальше »
2024-3-26 21:39 | |
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KuCoin assures users funds are safe after US levies criminal charges
KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platform’s operational stability and assured users that their funds remain safe. Lyu made the statement on social media after the US Department of Justice (DOJ) announced it is levying criminal charges against the exchange for flouting anti-money laundering (AML) […] The post KuCoin assures users funds are safe after US levies criminal charges appeared first on CryptoSlate. дальше »
2024-3-26 20:53 | |
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The future of Bitcoin mining post-halving, according to GoMining
The phenomenon of the Bitcoin halving is a cornerstone event in the crypto world, fundamentally altering the economic landscape for miners and investors alike. Occurring approximately every four years, this event reduces the reward for mining new Bitcoin blocks by half, a mechanism designed to control the supply of Bitcoin and mimic the scarcity-driven value […] The post The future of Bitcoin mining post-halving, according to GoMining appeared first on CryptoSlate. дальше »
2024-3-26 17:30 | |
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OrdinalsBot secures $3 million seed funding to turbocharge Bitcoin inscriptions ecosystem
Ordinals infrastructure platform OrdinalsBot said it raised over $3 million in its seed funding round to enhance opportunities within the broader Bitcoin ecosystem, according to a March 26 statement shared with CryptoSlate. дальше »
2024-3-26 17:30 | |
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TradingView Integrates the TRON Network and Joins HackaTRON Season 6 as an Official Partner
London, United Kingdom, March 26, 2024 – TradingView has become an official partner for HackaTRON Season 6, hosted by TRON DAO, BitTorrent Chain, HTX DAO, and JustLend DAO. This year’s competition is illuminated by the expertise of Maksim Shymanovich and Alexey Telnov from TradingView, set to judge the projects competing for a prize pool of […] The post TradingView Integrates the TRON Network and Joins HackaTRON Season 6 as an Official Partner appeared first on CryptoSlate. дальше »
2024-3-26 15:30 | |
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Listen back to Internet Computer community building on Bitcoin ahead of ICPCC24
The Internet Computer Protocol (ICP) appears to be ushering in a new era of decentralized cloud computing innovation, as evidenced by the vibrant ecosystem of developers and projects showcased in the recent CryptoSlate Twitter Space. дальше »
2024-3-22 17:37 | |
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Ripple leaders forecast SEC defeat in Ethereum security saga
Ripple CEO Brad Garlinghouse said the US Securities and Exchange Commission (SEC) would lose its war against Ethereum. In a March 22 post on social media platform X (formerly Twitter), Garlinghouse pointed out that the financial regulator lost its securities classification battle against his company’s XRP token and is on course to suffer a similar […] The post Ripple leaders forecast SEC defeat in Ethereum security saga appeared first on CryptoSlate. дальше »
2024-3-22 14:54 | |
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Google adding Ethereum Name Service data into search results through Etherscan
Tech giant Google has integrated Ethereum Name Service (ENS) data into its search results through data available from Etherscan. CryptoSlate confirmed this feature by testing it with several ENS addresses, including Vitalik. дальше »
2024-3-22 13:02 | |
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John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims
FTX CEO John Ray III has debunked Sam Bankman-Fried’s (SBF) claims about the level of losses suffered by users of the defunct exchange. In a March 20 letter to Judge Kaplan, Ray said Bankman-Fried’s statements were “categorically, callously, and demonstrably false” because the exchange users would “never be in the same position they would have […] The post John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims appeared first on CryptoSlate. дальше »
2024-3-21 14:22 | |
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Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse
Bankrupt crypto lender Celsius Network is seeking the return of over $2 billion withdrawn by major customers shortly before its bankruptcy declaration in July 2022, according to a release shared with CryptoSlate. дальше »
2024-3-21 22:02 | |
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SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies
US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities laws.” Gensler made the statements on March 18 in tandem with lawsuits and regulatory action by the SEC against AI washing, which occurs when members of the financial sector make false claims […] The post SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies appeared first on CryptoSlate. дальше »
2024-3-19 02:31 | |
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Asia’s crypto revolution: Web3 growth in the East
Over the years, the Asia Pacific region (APAC) has established itself as an impressive environment for the rapidly growing technology industry. From the bustling tech hub of Singapore to the financial might of Hong Kong, the flourishing Web3 community in Vietnam, and the impressive technological creativity of Japan, APAC has consistently been at the forefront […] The post Asia’s crypto revolution: Web3 growth in the East appeared first on CryptoSlate. дальше »
2024-3-17 03:00 | |
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